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Metis Energy ID resigns for 'personal reasons'

The Edge Singapore
The Edge Singapore • 1 min read
Metis Energy ID resigns for 'personal reasons'
Wong, a former director of NRF, faces a charge of corruption
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Metis Energy says that one of its independent directors, Henry Wong Chuen Yuen, has resigned on June 24, for "personal reasons".

The company, which used to be called Manhattan Resources, is now focused on renewable energy projects. It used to have interests in the coal mining industry in Indonesia and is also involved in property development in China.

Wong was appointed to the board on Jan 21 2021.

According to a separate statement by the Corrupt Practices Investigation Bureau on June 23, Wong was charged on the same day for corruption.

Up till Feb 2022, Wong was with the National Research Foundation, which referred the case to CPIB. Both CPIB and NRF are entities that report to the Prime Minister's Office.

Wong was then NRF's director of programmes and central innovation cluster, and a member of the Built Environment Technology Alliance project evaluation panel at the material time.

See also: Sembcorp issues $350 mil of guaranteed notes due 2036 at 3.65%

Besides Wong, another individual, Lee Tze Boon, director of an entity called Smart Illumination was also charged.

According to CPIB, between May and August 2021, Wong had allegedly agreed to accept a 30% stake in SI from Lee as a reward for advancing SI’s business interest in its application for grant funding from BETA.

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